According to J.D. Power and Associates 2009 Avoider Study, nearly one in five new car shoppers avoid a brand due to their concerns over the future of the company. J.D. Power and Associates said that the top five brands being avoided by consumers are domestic brands including Chrysler, Dodge, HUMMER, Pontiac and Saturn. The firm said that [...]
GM’s campaign to sell its Swedish subsidiary Saab, has been narrowed to just one remaining bidder; Dutch sports car manufacturer Spyker Cars NV. GM has set a deadline of December 31 to either sell the Swedish company, or shut it down. Chairman and acting CEO of GM Ed Whitacre, Jr. has aid however that he [...]
Bugatti’s been celebrating its Centenary celebration for a while with a bunch of special-edition Veyrons. It is now wrapping up it Centenary celebrations with three custom models produced especially for the Middle East. The three models – Veyron Sang d’Argent, Grand Sport Soleil de Nuit and Veyron Nocturne – will be limited to just 5 [...]
Lotus announced today that it has appointed Donato Coco head of Lotus Design for Lotus Cars and Lotus Engineering. The company said that Head of Lotus Design, Russell Carr will continue to work on both Lotus products and third party design work. “The appointment of Donato Coco as the new Director of Design for Lotus [...]
Meet the new Lamborghini Ankonian, a design study by Slavche Tanevski, a student at the Munich University of Applied Sciences. His project was completed in the fourth semester under the theme Lamborghini Raw Materials, which was led by Professor Dr. Othmar Wickenheiser. Keeping with the tradition of Lamborghini’s naming theme, Tanevski calls his study “Ankonian,” [...]
General Motors Company’s board is looking for a “motivating, inspirational leader” individual to be its next CEO, said Ed Whitacre, chairman and acting CEO. Whitacre said that candidates for the position don’t have to be an existing CEO or have strong auto credentials. “A person that’s a motivating, inspirational leader that’s familiar with big companies — manufacturing [...]
There is no doubt that Dubai citizens like over the top and exuberant possessions so its only right for Mercedes-Benz to display their exclusive 2011 SLS AMG in an extravagant way. On display at the 2010 Dubai International Motor Show is the new 2011 Mercedes-Benz SLS AMG in a gold paint finish. Known as “AMG Desert Gold,” the color [...]
Simply amazing. Those are the two words we would pick to best describe the 2010 Volkswagen GTI; it deserves nothing less. The Mark 6, though only a slight progression over the Mark 5, leaves little to be desired in a compact car; it is stonkingly fast, fuel-efficient, practical, and affordable. Read on as we recollect [...]
Fiat SpA Chairman Luca di Montezemolo has confirmed that Alfa Romeo is not for sale “under any circumstances.” Montezemolo’s words come after reports suggested the money-losing brand could be sold to Volkswagen AG. “We will present the new Alfa that substitutes the 147 and we think there are also very important opportunities for Alfa Romeo in [...]
General Motors Chairman and acting CEO Ed Whitacre Jr. said earlier today that the company plans on paying all of its $6.7 billion in government loans by the end of June. GM received a total of $52 billion in bailout money from the U.S. government – of that, $45.3 billion was converted into equity, giving [...]
